Spirit Airlines Files for Chapter 11 Bankruptcy for the Second Time in Less Than a Year On August 29, 2025, Spirit Airlines, the ultra-low-cost U.S. carrier known for its bright yellow planes and no-frills service, filed for Chapter 11 bankruptcy protection for the second time in under a year. This filing comes just five months … Read more
Nvidia’s Top Two Mystery Customers Account for 39% of Q2 Revenue, Raising Concerns Over Client Concentration Santa Clara, California – August 29, 2025 – Nvidia Corporation (NASDAQ: NVDA), the dominant force in AI chip technology, disclosed in its latest SEC filing that two unnamed direct customers—referred to as “Customer A” and “Customer B”—accounted for a … Read more
Mystery Surrounding the $1.2 Billion Army Contract for a Massive Detention Tent Camp in Texas A cloud of secrecy and controversy envelops a $1.2 billion U.S. Army contract awarded in July 2025 to construct and operate what is described as the nation’s largest immigration detention facility—a sprawling tent camp on the Fort Bliss military base … Read more
Gusto Agrees to Acquire Guideline, Enhancing Retirement Benefits for Small Businesses In a strategic move to streamline payroll and benefits for small and medium-sized businesses (SMBs), San Francisco-based HR tech giant Gusto has agreed to acquire Guideline, a leading provider of affordable 401(k) retirement plans. The announcement, made on August 27, 2025, marks the culmination … Read more
Nvidia’s Thor Chip: Revolutionizing Robotics with a “Robot Brain” Introduction On August 25, 2025, Nvidia announced that its highly anticipated Jetson AGX Thor chip, often referred to as a “robot brain,” is now available for purchase worldwide. Priced at $3,499 for the developer kit, with shipments commencing next month, this groundbreaking chip is poised to … Read more
Eli Lilly’s Obesity Pill Orforglipron Challenges Novo Nordisk’s Oral Wegovy in Weight-Loss Market Race August 24, 2025 The obesity drug market, projected to surpass $73 billion by 2034, is witnessing a fierce competition between pharmaceutical giants Eli Lilly and Novo Nordisk. Eli Lilly’s oral GLP-1 receptor agonist, orforglipron, is emerging as a significant rival to … Read more
Canada Drops Most Retaliatory Tariffs on U.S., Easing Trade Tensions Ottawa, Canada – August 22, 2025 – In a significant shift in its trade strategy, Canada has effectively suspended the vast majority of its retaliatory tariffs on U.S. goods, reducing the effective tariff rate to “nearly zero,” according to a May 2025 report by Oxford … Read more
Trump Administration Considers 10% Stake in Intel Using CHIPS Act Grants Washington, D.C., August 19, 2025 – The Trump administration is reportedly in discussions to acquire a 10% equity stake in Intel Corporation, potentially making the U.S. government the chipmaker’s largest shareholder, according to sources familiar with the matter. This move, which could involve converting … Read more
Tesla Slashes UK Lease Fees by Up to 50% Amid 60% Sales Drop August 19, 2025 Tesla has reportedly slashed its UK monthly lease fees by nearly 50% in a bid to counteract a dramatic 60% sales drop in July, according to multiple industry sources. The move comes as the electric vehicle giant faces mounting … Read more
U.S. automakers have expressed varied reactions to President Donald Trump’s electric vehicle (EV) policies in 2025, which include rolling back EV mandates, eliminating tax credits, and proposing to rescind emissions regulations. These changes have created a mix of uncertainty, strategic adjustments, and cautious optimism, as automakers navigate a shifting regulatory landscape. Below is a summary … Read more